The state may take another look at how almost $1.4 billion in tax incentives were awarded to businesses in Camden after a new report determined the cost of those jobs to the state is $25,000 more than the jobs created in any other city across New Jersey under the same program.
As part of a requirement of the New Jersey Opportunity Act, created in 2013, the New Jersey Economic Development Authority [NJEDA] enlisted the Rutgers University Bloustein School of Planning and Public Policy to conduct an analysis on the NJEDA’s Grow NJ Program and its State Economic Redevelopment and Growth Grant Program [ERG].